Every material Form 8-K Century Aluminum filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Century Aluminum promoted Rob Hoffman, an internal executive, to Senior Vice President, Chief Information Officer and Chief Accounting Officer on December 9, 2024. The Board appointed him principal accounting officer, succeeding Theresa Brainerd, whose departure took effect December 5, 2024. The filing describes a leadership change in finance and accounting roles, with no financial results or guidance included.
Rob Hoffman, age 55, promoted on December 9, 2024 to SVP, CIO and Chief Accounting Officer
Hoffman has been with the company since October 2004 and became CIO in June 2017
Succeeds Theresa Brainerd as principal accounting officer, effective December 5, 2024
No related-party transactions or family relationships reported
Century Aluminum reported third quarter 2024 results on November 4, 2024. Net income attributable to Century stockholders rose to $47.3 million from a $2.5 million loss in the second quarter, helped by $34.9 million of Inflation Reduction Act credits, while net sales fell to $539.1 million. The company expects fourth quarter adjusted EBITDA of $70 million to $80 million, below the $103.7 million reported for the third quarter, and Theresa Brainerd assumed the principal accounting officer role.
Net sales were $539.1 million, down from $560.8 million in the second quarter of 2024.
Net income attributable to Century stockholders was $47.3 million, compared with a loss of $2.5 million in the prior quarter.
Fourth quarter 2024 adjusted EBITDA is expected to range from $70 million to $80 million, versus $103.7 million in the third quarter.
Rob Hoffman stepped down as principal accounting officer and remains Chief Information Officer; Theresa Brainerd, Global Corporate Controller, assumed the role.
Century Aluminum reported second quarter 2024 net sales of $560.8 million, up $71.3 million from the first quarter, and adjusted EBITDA attributable to Century stockholders of $34.2 million, up $9.2 million. The company posted a net loss of $2.5 million, compared with net income of $246.8 million in the first quarter, which included a $245.9 million bargain purchase gain from the Jamalco acquisition. The company expects third quarter adjusted EBITDA of $65 million to $75 million.
Q2 2024 net sales $560.8 million vs. $489.5 million in Q1 2024
Net loss attributable to Century stockholders of $2.5 million, or $0.03 per diluted share, vs. net income of $246.8 million in Q1, which included a $245.9 million bargain purchase gain
Adjusted EBITDA attributable to Century stockholders $34.2 million vs. $25.0 million in Q1 2024
Third quarter 2024 adjusted EBITDA outlook of $65 million to $75 million
Century Aluminum reported first quarter 2024 net sales of $489.5 million, down from $512.3 million in the fourth quarter of 2023, and adjusted EBITDA of $25.0 million, down from $57.1 million. Reported net income of $246.8 million was driven by a $245.9 million bargain purchase gain from the Jamalco acquisition, while the company reported an adjusted net loss of $3.0 million, so shareholders face weaker operating results behind a large one-time accounting gain. The company guided second quarter adjusted EBITDA to $25 million to $35 million.
Net sales of $489.5 million, down from $512.3 million in Q4 2023 and $552.4 million in Q1 2023
Adjusted EBITDA attributable to Century stockholders of $25.0 million versus $57.1 million in Q4 2023, reflecting only one quarter of the IRA Section 45X credit
Net income attributable to Century stockholders of $246.8 million included a $245.9 million bargain purchase gain; adjusted net loss was $3.0 million
Second quarter 2024 adjusted EBITDA expected between $25 million and $35 million; webcast call on May 1, 2024 at 11:00 a.m. Eastern
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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